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Latest Worldwide Shipbuilding Orders
Ordering this week has been very much focussed on the dry sector with additional orders seen in the container market, large size LNG sector and small tankers, say…
LR Wins Singapore LNG Development Contract
Lloyd’s Register wins Maritime and Port Authority of Singapore (MPA) contract to develop operational procedures and technical standards required to develop LNG bunkering…
$195 Million Bond Refinancing of LNG Tanker
Milbank represented Meridian Spirit ApS, as issuer, in a $195 million bond refinancing for its liquefied natural gas (LNG) tanker vessel, the Meridian Spirit. Meridian…
Scandlines, STX Finland Sign Letter of Intent
Scandlines and STX Finland Oy have today signed a Letter of Intent (LOI) for building two new ferries for the route Rostock (Germany) – Gedser (Denmark) for delivery in spring 2015.
Wärtsilä to Supply Gas Systems for New Teekay LNG Carriers
Wärtsilä has been contracted to supply a combined inert gas generator and gas combustion unit for two new liquefied natural gas (LNG) carriers being built at the DSME yard in South Korea. The ships will be owned by Canada based Teekay Corporation, one of the world's largest marine energy transportation, storage and production companies. The contract was signed in May 2013. The concept of combining the two systems was developed by Wärtsilä in cooperation with DSME…
Teekay Order Wärtsilä LNG Inert Gas Units
Wärtsilä to supply a combined inert gas generator & gas combustion unit for 2 new liquefied natural gas (LNG) carriers being built at the DSME yard in South Korea for Canada-based Teekay Corp. The concept of combining the two systems was developed by Wärtsilä in cooperation with DSME, and the system burns the boil off gas using an already existing Wärtsilä Moss inert gas generator. In so doing, it…
Monitoring System Takes Guesswork Out of Mooring Mega Vessels
Mooring of large vessels in the LNG, petrochemical and container sectors is an intricate and critical procedure. The process entails bringing together a moving object with a static object, and with the imminent advent of even larger vessels (liquefied natural gas tankers with a capacity of 200,000 cubic meters and container ships with a capacity of 22,000 TEU*), the forces involved are enormous. For tankers and bulk carriers…
Guttulsrod to Speak at Canada LNG Export Forum
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak at the Canada LNG Export Forum on Wednesday…
Maran Takes Delivery of Electric LNG Carrier
The first electrical LNG carrier to be ordered by Maran Gas incorporating induction-based electric propulsion motor technology from GE’s Power Conversion business is expected to enter commercial service in July. The Woodside Rogers, built by one of the major Korean shipbuilders, Daewoo Shipbuilding & Marine Engineering (DSME), at its shipyard near Busan, successfully completed sea trials in late April and was handed over to Maran Gas on July 1.
Eni Reorganizes Gas and Power Segment
Following the reorganization of Eni’s Gas and Power activities, approved by the Company's Board of Directors, the Business Unit Optimization and Trading will be…
Stage Set for Entry of Liquid Gas Injection Engine
Ole Grøne, Senior Vice President – Low Speed Promotion & Sales – MAN Diesel & Turbo, said, “We can really see the momentum towards dual-fuel operation building now. The ME-GI engine we introduced – and immediately received orders for – in late-2012 confirmed the growing demand to have the option to run ships on LNG as well as HFO in the face of increasing fuel prices. Grøne concluded, “MAN Diesel & Turbo’s experience with two-stroke, dual-fuel engines stretches back to the 1990s.
TOTE CEO Receives Award for Professional Excellence
TOTE, Inc. President and CEO Anthony Chiarello was honored by The Navy League of the United States with the Vincent T. Hirsch Maritime Award at the organization’s annual convention and Sea Service Awards Luncheon in Long Beach, Calif. last week. The Vincent T. Hirsch Maritime Award, named for a patron and past president of the Navy League, was presented to Chiarello in honor of his achievements during…
IMO Mulls Postponement of Tier III Limits
Germanischer Lloyd's traditional recap of the latest session of the Marine Environment Protection Committee (MEPC) of International Maritime Organization (IMO), focused on the surprising developments at the 65th session. MPEC 65, held in London in May, saw the IMO potentially postpone the introduction of the TIER III NOx limits contained in regulation 13 of MARPOL Annex VI, scheduled to come into effect in 2016, to 2021.
Welsh Secretary Says Ports are Vital for Economy
The Welsh Secretary of State David Jones has announced his intention to host a reception during September’s London International Shipping Week to highlight the importance of the Welsh maritime sector. And he has highlighted the economic importance of Welsh ports, stating, “Welsh ports, their industry and the passengers and freight passing through them, form a vital part of the economic infrastructure of Wales. They also make a wider contribution to the U.K. In an article written for the U.K.
Registration Open for SHIPPINGInsight Fleet Optimization Conference
The producers of the SHIPPINGInsight Fleet Optimization Conference have announced that online registration is now open. Following a successful inaugural conference in 2012…
Denmark Slated to Get Its First LNG Ferry
Contracts for building the first LNG-fuelled ferry for domestic Danish trade have now been signed, a representing milestone as the ship will be the first LNG-fuelled ferry designed for domestic trade in the EU. October 1, 2014 is the date set for the ferry’s first journey between the island of Samsø and Jutland on the Danish mainland. The new ferry can carry a maximum of 600 passengers and 160 cars.
Dual Fuel LNG Carriers to be Built in China
Lloyd’s Register (LR) has signed the classification contract for six 174,000 m3 liquefied natural gas (LNG) tankers to be built by Hudong Zhonghua Shipbuilding (Group) Co. Ltd. When delivered, the ships will load LNG in Gladstone, Australia for a number of Chinese import terminals - Qingdao, Beihai, Tianjin, Lianyungang and Wenzhou. Steel cutting on the first ship will be in January 2014. The final ship will be delivered in the fourth quarter, 2017.
World's First FLNG Vessel Steel-Cutting
A steel cutting ceremony for the hull of Petronas' first Floating Liquid Natural Gas (FLNG) held at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea.
Horizon Lines Plan Diesel/LNG Engine Fuel Conversions
Horizon Lines plans to convert the power plants on two of its steam turbine cargo vessels to modern diesel engines capable of burning conventional liquid fuels or liquefied natural gas (LNG). "We are viewing this as the first step in a repowering initiative for Horizon Lines vessels serving in the Hawaii and Puerto Rico trade lanes," said Sam Woodward, President and Chief Executive Officer. "The two…
Damen Introduces Arctic Towing Supply Vessel Concept
Last February, five Maritime Engineering bachelor students of the Delft University of Technology (the Netherlands) finished their Minor on Arctic Engineering. In cooperation with Damen Shipyards Group and other partners this project has now resulted, amongst others, in a new Arctic vessel: the Damen AMTSV (Arctic Modular Towing Supply Vessel). The 100-meter double acting supply ship is capable of operating in the Barents Sea year round and in the Baffin Bay and Beaufort Sea for 8 months.